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Fly - About the company

Fly is a series D company based in Chicago (United States), founded in 2016 by Thomas Ptacek, Kurt Mackey and Jerome Gravel-Niquet. It operates as a Platform to build and launch dynamic applications. Fly has raised $115M in funding from investors like Intel Capital, Dell Technologies Capital and Y Combinator, with a current valuation of $*****. The company has 383 active competitors, including 61 funded and 28 that have exited. Its top competitors include companies like Netlify, Vercel and Gitlab.

Company Details

Fly is a platform to build and launch dynamic applications for users around the world. The platform acts as a global load balancer, a reverse proxy, and a library of Middleware. With the Fly platform, clients can attach and swap around, containers, Heroku applications, GitHub Pages, Kubernetes clusters, third-party services, and serverless functions without any downtime. Other features include routing, automatic renewal of SSL certificates, and DNS.
Website
fly.io
Social
X
Email ID
*****@fly.io
Key Metrics
Founded Year
2016
Location
Chicago, United States
Stage
Series D
Total Funding
$115M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 31, 2023
Ranked
Employee Count
59 as on Aug 31, 2026
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Fly's funding and investors

Fly has raised a total funding of $115M over 5 rounds. Its first funding round was on 2020. Its latest funding round was a Series D round on Jul 07, 2026 for $*****. 6 investors participated in its latest round. Fly has 14 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Fly:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 07, 2026
4876423
Series D
3195739
6369248
3057925
4062748
Jun 28, 2023
7348659
Series C
6690937
4569833
2719151
Jul 28, 2022
1754088
Series B
8306498
2383963
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Fly's founders and board of directors

Founder? Claim Profile
The founders of Fly are Thomas Ptacek, Kurt Mackey and Jerome Gravel-Niquet. Kurt Mackey is the CEO of Fly.
Here are the details of Fly's key team members:

Fly's employee count trend

Fly has 59 employees as of Aug 26. Here is Fly's employee count trend over the years:
Employee count trend for Fly
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Fly's Competitors and alternates

Top competitors of Fly include Netlify, Vercel and Gitlab. Here is the list of Top 10 competitors of Fly, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Netlify
Netlify
2013, San Francisco (United States), Series D
Provider of a platform for web application development and deployment
$212M
84/100
2nd
Logo for Vercel
Vercel
2015, Covina (United States), Series F
Provider of cloud infrastructure and developer tools for web applications
$863M
82/100
3rd
Logo for Gitlab
Gitlab
2011, San Francisco (United States), Public
Provider of a platform for software development, security, and delivery
$435M
81/100
4th
Logo for F5 Networks
F5 Networks
1996, Seattle (United States), Public
Provider of application delivery and security solutions for various platforms
-
72/100
5th
Provider of application delivery, security, and centralized management and analytics solutions
$118M
70/100
6th
Logo for CloudBees
CloudBees
2010, San Jose (United States), Series F
Provider of software delivery platform for continuous integration and continuous delivery
$241M
70/100
7th
Logo for Fly
Fly
2016, Chicago (United States), Series D
Platform to build and launch dynamic applications
$115M
68/100
8th
Logo for OutSystems
OutSystems
2001, Linda A Velha (Portugal), Series F
Developer of a low-code platform with AI-powered application development capabilities
$803M
68/100
9th
Logo for Komodor
Komodor
2020, Rockville (United States), Series B
Provider of an autonomous AI SRE platform for Kubernetes management
$72M
67/100
10th
Logo for KEMP Technologies
KEMP Technologies
2000, New York City (United States), Acquired
Provider of cloud, network management, SaaS monitoring, and other services
$26M
64/100
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Fly's Investments and acquisitions

Fly has made no investments or acquisitions yet.

Reports related to Fly

Here is the latest report on Fly's sector:

News related to Fly

Media has covered Fly for 1 event in last 1 year.
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FAQs about Fly

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